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Fishkind Conversations: How Rising Interest Rates Affect Central Florida

Hank Fishkind. Photo: Matthew Peddie, WMFE
Hank Fishkind. Photo: Matthew Peddie, WMFE

As expected, last week the Federal Reserve confirmed its plans to raise interest rates and shrink the money supply as soon as early March.

Financial markets reacted with rising rates, falling stock prices and increased volatility…but the outcome of all this may mean decreased inflation.

WMFE’s Nicole Darden Creston asks economic analyst Dr. Hank Fishkind how soon the rates will rise, and how that will affect Central Florida.

Click the Play Audio button to hear their conversation.

Nicole came to Central Florida to attend Rollins College and started working for Orlando’s ABC News Radio affiliate shortly after graduation. She joined Central Florida Public Media in 2010. As a field reporter, news anchor and radio show host in the City Beautiful, she has covered everything from local arts to national elections, from extraordinary hurricanes to historic space flights, from the people and procedures of Florida’s justice system to the changing face of the state’s economy.